Centerra Gold

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Centerra Gold Inc.
Public
(TSXCG)
Industry Mining
Founded 2004
Headquarters Toronto, Canada
Key people
Stephen "Big Steve" Lang, Chairman
Ian Atkinson, President & CEO
Gordon Reid, COO
Jeff Parr, CFO
Products Gold
Revenue US$ 763 million (2014)
Number of employees
2,960 (2014)[1]
Website [1]

Centerra Gold Inc. is a gold mining company headquartered in Toronto, Ontario, Canada.

The company was formed and went public in 2004 when Saskatoon, Saskatchewan-based Cameco Corporation spun off its gold mining assets previously held by its 100%-owned subsidiary, Cameco Gold. On December 30, 2009 Cameco completed the disposition of its remaining interest in Centerra Gold.[2]

Centerra owns and operates two gold producing mines:

It also has interests in gold exploration, advanced exploration and development properties:

  • Gatsuurt property in Mongolia near Boroo (100% equity interest)
  • Oksut property in Turkey (100% equity interest)
  • Trans-Canada property in Canada (50% equity interest)

Exploration interests in:

Canada, Mongolia, Portugal and Turkey

In 2014, Centerra's two mines produced over 620,000 ounces (19,310 kg) of gold; company's proven and probable reserves stand at 7.7 million ounces (240,000 kg) as of December 31, 2014.

In December 2016 Centerra Gold reported that its Kumtor Gold Mine in the Kyrgyz Republic had received the necessary permits and approvals for its 2017 mine plan.[3]


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